HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$367,705$367,705$571,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$203,795$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%5.164%7.48%
1st payment$1,774.19$1,774.19$3,894.76
2nd payment$0.00$1,316.18$0.00
Taxes / mo$297.67$297.67$297.67
Insurance / mo$166.67$166.67$166.67
MI / mo$302.71$302.71$114.30
HOA / mo$520.00$520.00$520.00
Total monthly$3,061.22$4,377.40$4,993.40
Cash to close$267,295$63,500$63,500